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Income Taxes
9 Months Ended
Dec. 27, 2014
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes
The Company's provision for income taxes for the three-months ended December 31, 2014 was $2,447, an effective tax rate of 31.7% on income before provision for income taxes of $7,721, compared to a provision for income taxes for the three-months ended December 31, 2013 of $2,523, an effective tax rate of 27.5% on income before provision for income taxes of $9,181. The effective tax rate increase from 27.5% to 31.7% was primarily due to the write-off of certain deferred tax assets related to equity awards and an increase in uncertain income tax positions partially offset by the reduction of certain deferred tax liabilities associated with previously taxed income and foreign earnings taxed at lower statutory rates. The Company's provision for income taxes for the nine-months ended December 31, 2014 was $8,618, an effective tax rate of 41.0% on income before provision for income taxes of $21,038, compared to a provision for income taxes for the nine-months ended December 31, 2013 of $12,687, an effective tax rate of 39.9% on income before provision for income taxes of $31,835. The effective tax rate increase from 39.9% to 41.0% was primarily due to the write-off of certain deferred tax assets related to equity awards and an increase in uncertain income tax positions partially offset by the reduction of certain deferred tax liabilities associated with previously taxed income and foreign earnings taxed at lower statutory rates. The effective tax rate for the nine-months ended December 31, 2014 of 41.0% differs from the federal statutory rate primarily due to state income taxes and the write-off of certain deferred tax assets related to equity awards partially offset by the reduction of certain deferred tax liabilities associated with previously taxed income and foreign earnings taxed at lower statutory rates.
The Company provides for income taxes at the end of each interim period based on the estimated effective tax rate adjusted for certain discrete items for the full fiscal year. Cumulative adjustments to the Company's estimate are recorded in the interim period in which a change in the estimated annual effective rate is determined.
Fiscal 2013 through Fiscal 2015 remain open to examination by the Internal Revenue Service ("IRS") and Fiscal 2010 through Fiscal 2015 remain open to examination by certain state and foreign taxing jurisdictions.